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Waterbury, CT Real Estate News

By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
TOWN PLOT-WATERBURY, CT 06708 REAL ESTATE - MARKET UPDATE JUNE 2010   Buyers looking to purchase a home in the Town Plot Waterbury, CT neighborhood can find the latest statistics for the Town Plot Waterbury, CT real estate market as of May 31, 2010 here: Active Listings 63 New Listings 0 Average List Price $157,927 Median List Price $154,900 Average Sq. Ft. 1406 Median Sq. Ft. 1368 There are 63 Town Plot-Waterbury, CT homes for sale, of which 11 were just listed in the last month.   Here's a breakdown of the Town Plot Waterbury, CT homes for sale prices:     List Price Houses % < 100,000 5 8 100,001-150,000 21 34 150,001-200,000 27 44 >200,001 9 14       You can search for Town Plot Waterbury, CT homes for sale by visiting William’s Places !   Sellers looking to find the latest market ...
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By Ed Silva, 203-206-0754, Associate Real Estate Broker
(Mapleridge Realty, CT 203-206-0754 )
We tried our central air system last week when the temps approached 90. It ran perfect for a day. Mid-afternoon of the second day we started to feel sticky, but I could hear the system operating. Our compressor is the original unit that was installed when they built the house in 1987 so needless to say I'm getting visions of $4-5,000 or higher for a new compressor. As the weather cooled, I didn't make a hasty call. I asked my family members if they had anybody to give me, and Dad came through. Mike Abenante, the owner of Abbey's Refrigeration Co in Waterbury Ct answered the phone and told me he would put me on the list. Naturally, I'm guessing that I'll hear back from him in July. Within 3 hours he called me to get out to the house. I was too far away with clients so I asked him to call...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Upper Fulton Park-Waterbury, CT Real Estate - Market Update June 2010 Buyers looking for current statistics on the Upper Fulton Park Waterbury, CT real estate market as of May 31, 2010 can find it here: Active Listings 39 New Listings 0 Average List Price $144,043 Median List Price $139,900 Average Sq. Ft. 1480 Median Sq. Ft. 1393 There are 39 Upper Fulton Park Waterbury, CT homes for sale , 6 of which were just listed in May. Here's a breakdown of the Upper Fulton Park-Waterbury, CT homes for sale prices in the neighborhood:   List Price Houses % < 100,000 5 13 100,001-150,000 21 54 150,001-200,000 9 23 >200,001 4 10                                   And these are the latest Upper Fulton Park Waterbury, CT homes for sale to join the market in the area: Address L/Price ADOM 416 TUDOR 1...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Bucks Hill-Waterbury, CT 06704 Real Estate - Market Update June 2010 Buyers looking to purchase a home in the Bucks Hill Waterbury, CT neighborhood can find the latest statistics for the Bucks Hill Waterbury, CT real estate market as of May 31, 2010 here: Active Listings 24 New Listings 0 Average List Price $182,483 Median List Price $192,450 Average Sq. Ft. 1662 Median Sq. Ft. 1659 There are 24 Bucks Hill Waterbury, CT homes for sale, 2 of which were just listed in May. Here's a breakdown of the Bucks Hill-Waterbury, CT homes for sale prices: List Price Houses % < 100,000 2 8 100,001-150,000 3 13 150,001-200,000 11 46 >200,001 8 33   And these are the latest Bucks Hill Waterbury, CT homes for sale to join the market in the area:   Address L/Price ADOM 29 BOSSE RD 184,900 7 31 COOPER D...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
BUNKER HILL-WATERBURY, CT 06708 REAL ESTATE - MARKET UPDATE JUNE 2010   Buyers looking to purchase a home in the Bunker Hill neighborhood of Waterbury, CT can find current statistics for the Bunker Hill Waterbury, CT real estate market here: Active Listings 80 New Listings 0 Average List Price $175,967 Median List Price $178,700 Average Sq. Ft. 1550 Median Sq. Ft. 1424 There are 80 Bunker Hill-Waterbury, CT homes for sale. 17 Bunker Hill-Waterbury, CT homes for sale were just listed in the last month. Here's a breakdown of the prices of the Bunker Hill Waterbury, CT homes for sale:     List Price Houses % < 100,000 7 9 100,001-150,000 15 19 150,001-200,000 37 46 >200,001 21 26       You can search for Bunker Hill Waterbury, CT homes for sale by visiting William’s Places!   Sellers looki...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
East Mountain Waterbury, CT 06706 Real Estate - Market Update June 2010     Buyers looking to purchase a home in the East Mountain neighborhood of Waterbury, CT can find the latest statistics for the East Mountain Waterbury, CT real estate market here:   Active Listings 20 New Listings 0 Average List Price $178,560 Median List Price $172,450 Average Sq. Ft. 1660 Median Sq. Ft. 1608 There are 20 East Mountain Waterbury, CT homes for sale. There were six homes listed in the East Mountain Waterbury, CT real estate market in May as of May 31, 2010. Here's a breakdown of the prices of the East Mountain-Waterbury, CT homes for sale : List Price Houses % < 100,000 0 0 100,001-150,000 6 30 150,001-200,000 10 50 >200,001 4 20       These are the East Mountain Waterbury, CT homes for sale listed...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Waterbury, CT's Relay For Life June 5-6, 2010   On June 5-6, from 8:00 a.m. until 8:00 a.m, students, businesses, and non-profit organizations from all over the Waterbury area participated in the annual Relay For Life fundraiser at Crosby High School's track field.   Participants in the Relay For Life walked along the track throughout the day, sang songs, and bought and sold goods in support of finding a cure for cancer. The American Cancer Society instituted a new fundraiser this year, along with their usual sale of luminaries, by selling torches that would be lit in memory of those who lost their lives to cancer. Both cancer victims and survivors are commemorated each year at the Relay for Life by luninaries, bags filled with sand and a  candle which is lit before sunset, lined along ...
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By Ed Silva, 203-206-0754, Associate Real Estate Broker
(Mapleridge Realty, CT 203-206-0754 )
OPEN HOUSE Sunday June 6, 1-3 PM . . 58 Glenrock Rd Waterbury Ct Listed at $205,500 In the East Mountain section of Waterbury Ct is this well maintained home with many extras. Remodeled Kitchen with cherry cabinets; formal living room w/FP; large master bedroom; private yard; newer roof, furnace, oil tank, whole house generator backup; upgraded electrics, Flooring: Carpeted, Tile Appliances: Oven/Range, Refrigerator, Washer, Dryer, Hood, Freezer Electric: Circuit Breaker Energy Features: Full Storm Windows Insulation: Double insulation in attic, full walls Mechanical Equip: Security System, Auto Garage Door Opener, Generator, Smoke Detector Cable Avail: Yes Cooling: Individual Unit(S) Heat System: Baseboard Heat Fuel: Oil, Above Ground Hot Water Heater: Owned Hot Water Source: Domestic ...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Memorial Day: A Waterbury History   Memorial Day, originally known as Decoration Day, was a day established by former Civil War Union veterans to commemorate those who died in the struggle to save the Union. Started on May 30, 1868, Decoration Day was commemorated in the northern states until the turn of the century, and throughout the country thereafter. After World War I, the day was set to include those who participated in all wars in which Americans served and died. The term “Memorial Day” was first used in 1882, but did not become the common name for Decoration Day until after World War II. Memorial Day was officially designated a national holiday in 1971. In Waterbury, there are several monuments and memorials commemorating those who died in the service of our country from the Wat...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Starting Saturday, June 5, 2010 at 8 a.m., and ending on Sunday, June 6, 2010 at 8 a.m., the American Cancer Society will be having its annual Relay for Life at Crosby High School, located at 300 Pierpont Road in the city’s East End. Many teams from schools across the city, as well as volunteer organizations will be paricipating in the Relay for Life event to raise money to support cancer research and those who have fought the disease and won, as well as to remember those who lost their battle with cancer. You can visit the Relay for Life website for more information.
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By Ed Silva, 203-206-0754, Associate Real Estate Broker
(Mapleridge Realty, CT 203-206-0754 )
65-3 Bentwood Dr, Waterbury Ct 06705 . . . CLOSED A unique, true 3 bedroom condo set up as multi levels; oversized kitchen with large eat-in area and sliders to private patio and rear yardlarge formal living roomlarge master bedroom with plenty of closet space2 spacious bedrooms for the familyfinished lower level family room with laundry hook ups and storage closet Two very happy clients, not to mention 2 equally happy agents.      Is the complex on the FHA approved list? Weren't concerned, had a cash buyer!         What are the owner to investor ratios? Not relevant, but this will be owner occupied, and will make the ratios more favorable for the next agent!      
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By Ed Silva, 203-206-0754, Associate Real Estate Broker
(Mapleridge Realty, CT 203-206-0754 )
It's inherent in human nature to try and get a deal on a purchase. This will always be the case in real estate as buyers will call the name on the yard sign believing they can get a better deal than if they use a buyer's agent to assist them. The belief is that if there is only one agent in the transaction then the seller will lower the price, as there is only one commission to pay. Although this does happen if the seller and agent have agreed to a lesser commission if the property gets sold by the listing agent, more often than not if it can cost the buyer much more.     The primary loyalty of the listing agent is to the seller. Even though we know what their bottom line might be, we still need to get as much for the listing as we possibly can. When a prospective buyer asks ‘What is t...
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By Ed Silva, 203-206-0754, Associate Real Estate Broker
(Mapleridge Realty, CT 203-206-0754 )
OPEN HOUSE, SUNDAY 5/16 1:00PM to 3:00 pm 782 Oronoke Rd,Taft Point Waterbury Ct 06708 Priced at $ 135,000 Desirable Taft Pointe Condo, Spacious living room with fireplace and access to a private deck; newer carpets, laminate floor in Mst Bedroom; New Kitchen counters and newer appliances, HW Heater; private location in complex; lower level finished fam rm    Style: Townhouse Number of Levels: 3 Year Built: 1988 Total Fin. SqFt: 1,245 Sqft SqFt Source: Town Records Rooms: 5 Bdrms: 2 Baths: 1 1/2 Baths: 1 Parking Sp.: 1 Condo Type: Traditional Unit Number: 31 Complex Name: TAFT POINTE Units In Complex: 96 Complex Management: Professional-Off Site Taxes: $4,409 High Sch: kennedy Middle Sch: west side Elementary Sch: tinker  OPEN HOUSE, SUNDAY 5/16 1:00PM to 3:00 pm 782 Oronoke Rd,Taft Poi...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
WATERBURY, CT REAL ESTATE - MARKET UPDATE MAY 2010 These are the latest statistics for the Waterbury, CT real estate market: Active Listings 506 New Listings 0 Average List Price $157,981 Median List Price $154,900 Average Sq. Ft. 1525 Median Sq. Ft. 1404 There are 506 single family homes for sale, with 127 of those homes being listed in April in the Waterbury, CT real estate market as of April 30, 2010. Here's the breakdown of the prices of homes for sale in Waterbury, CT as of May 1, 2010: List Price Houses % < 100,000 75 15 100,001-150,000 169 33 150,001-200,000 171 34 200,001-250,000 63 12 250,001-300,000 20 4 >300,001 8 2 The housing market varies from neighborhood to neighborhood in Waterbury, CT, so you can get a better idea of what’s happening in the Waterbury CT real estate ma...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Waterbury, CT Real Estate Market Update in Zip Code 06710   Here are the most recent statistics on the real estate market for single family homes in Waterbury, CT 06710. This area includes the following neighborhoods: Historic Hillside, Historic Overlook, and Willow/Plaza.   Homes for Sale 45 Average Listing Price $151,204 Average Sq. Ft. 2011 Months of Inventory 13.5   Home Sales (April 2010) 3 Average Sale Price $44,500 Average Days on Market 37   The real estate market in Waterbury 06710 remained a buyer’s market in April, with 13.5 months of inventory remaining, with a sales rate of 3.3 homes being sold per month. Average sale prices continued to fall as bank-owned homes continue to be a large share of the homes being sold in this zip code.
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Waterbury, CT Real Estate Market Update in Zip Code 06708   Here are the most recent statistics on the real estate market for single family homes in Waterbury, CT 06708. This area includes the following neighborhoods: Brooklyn, Bunker Hill, Country Club, Robinwood, Town Plot, and Western Hills.   Homes for Sale 175 Average Listing Price $178,134 Average Sq. Ft. 1567 Months of Inventory 15.67   Home Sales (April 2010) 13 Average Sale Price $122,186 Average Days on Market 64   The real estate market in Waterbury CT 06708 remains a very strong buyer’s market, with over 15 months of inventory. Average days on market decreased in April, but so did the average sale price for homes that sold in the 06708 zip code of Waterbury, CT.
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Waterbury, CT Real Estate Market Update in Zip Code 06706   Here are the most recent statistics on the real estate market for single family homes in Waterbury, CT in the 06706 zip code. This area includes the following neighborhoods: East Mountain, Hopeville, Mohawk Park, Platts Mills, South End, and Washington Park.   Homes for Sale 54 Average Listing Price $152,554 Average Sq. Ft. 1412 Months of Inventory 8.75   Home Sales (April 2010) 7 Average Sale Price $116,784 Average Days on Market 61   The real estate market in Waterbury, CT 06706 is, with almost 9 months of inventory at the current sales pace of 6.17 units per month being sold, still in a very strong buyer’s market. Interestingly, the average sale price has increased, and the total amount of inventory has decreased in April, c...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Waterbury, CT Real Estate Market Update in Zip Code 06705   Here are the most recent statistics on the real estate market for single family homes in Waterbury, CT in the 06705 zip code. This area includes the following neighborhoods: East Farms, Fairlawn, and Mill Plain (Meriden/Woodtick)   Homes for Sale 100 Average Listing Price $150,090 Average Sq. Ft. 1401 Months of Inventory 8.57   Home Sales (April 2010) 9 Average Sale Price $107,089 Average Days on Market 122   The real estate market in Waterbury, CT 06705 remains a buyer’s market with almost 9 months of inventory. Average sale prices have continued to drop, and the number of days on market has increased, compared to March. However, the months of inventory is also down, despite a decrease in the number of homes that sold in April...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Waterbury, CT Real Estate Market Update in Zip Code 06704   Here are the most recent statistics on the real estate market for single family homes in Waterbury, CT in the 06704 zip code. This area includes the following neighborhoods: Bucks Hill, Crownbrook, Fairmount, Lakewood, Long Hill, North End, Upper Fulton Park, Walnut-Orange-Walsh(WOW), and Waterville.   Homes for Sale 125 Average Listing Price $137,554 Average Sq. Ft. 1408 Months of Inventory 9.76   Home Sales (April 2010) 16 Average Sale Price $91,652 Average Days on Market 112   The real estate market in Waterbury, CT 06704 continues to be a buyer’s market, with almost 10 months supply of inventory. Average sales prices dropped slightly, and the days on market remained the same; but with the increase in the number of homes tha...
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By Ed Silva, 203-206-0754, Associate Real Estate Broker
(Mapleridge Realty, CT 203-206-0754 )
We're trying to get a young first time buyer couple to the closing table without adding to their down the road burdens. The problem is that what we would like to do isn't permissible. The inspection brought up some items that do not directly effect the ability to close on time or the quality of life the young couple will enjoy. What it does do, however, is cause them to postpone doing some repairs to the home, detached garage, etc until they can come up with the money. The conventional alternatives would be to request seller concessions, which raises the mortgage and has a cap of 6% with an FHA mortgage. The other alternative would be to get a 203K rehab loan, which is not much different to the overall mortgage than seller concessions. What we really need is a seller gift, or cash back...
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